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Americans donated $306 billion to charities in 2007

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Americans may be a lot of things but one thing they most certainly have been is generous when it comes to giving.
 
that is alot, very surprising, my favourite stat about americans, is that they spend $4 Billion on porn every year :lol:
 
Not attempting to put a dampner on it, but does this include the many, many millions that are donated for tax relief purposes?
 
I'm sure it does.

But it only makes sense to check and see if you get a tax break on any charitable giving that you might do in a fiscal year.
 

I'm sure it does.

But it only makes sense to check and see if you get a tax break on any charitable giving that you might do in a fiscal year.

That's true, but there is also the issue of large corporations giving money for economic as well as charitable purposes. If the motive is wrong then it doesn't really count. I would expect that would seriously alter the final figure of $1000 per person.

I honestly think the most generous people tend to be the lowest earners. These people might not give much financially simply because they cannot, but the proportion of income given is, I bet, higher than average.

Like they say, the best tippers are always the working class.

Up the workers!! (y):lol:

"We'll keep the Red flag flying here." (Joke! :lol:)
 
That's true, but there is also the issue of large corporations giving money for economic as well as charitable purposes. If the motive is wrong then it doesn't really count. I would expect that would seriously alter the final figure of $1000 per person.

I honestly think the most generous people tend to be the lowest earners. These people might not give much financially simply because they cannot, but the proportion of income given is, I bet, higher than average.

Like they say, the best tippers are always the working class.

Up the workers!! (y):lol:

"We'll keep the Red flag flying here." (Joke! :lol:)

The corporations may indeed give more than the individuals. I'm sure there's a statistic out there that can show that. Many corporations are motivated by taxes and how to relieve their burden to the extent legally possible (which is in the interest of their shareholders) but the results are one and the same in terms of the benefits.

However many corporations main goal is to be a benefit to the community that it's based in and give regardless of how their taxes are affected.

And I also saw a statistic that mentioned your comment above about lower wage earners being "more generous" or something to that effect so I believe that to be true.
 
The corporations may indeed give more than the individuals. I'm sure there's a statistic out there that can show that. Many corporations are motivated by taxes and how to relieve their burden to the extent legally possible (which is in the interest of their shareholders) but the results are one and the same in terms of the benefits.

However many corporations main goal is to be a benefit to the community that it's based in and give regardless of how their taxes are affected.

And I also saw a statistic that mentioned your comment above about lower wage earners being "more generous" or something to that effect so I believe that to be true.

I think that you're correct and it does feel good that there is a human face to capitalism. Not all of the business world is particularly altruistic so those corporations and businesses that are, deserve credit and thanks. Like I said, having a good motive is what giving to charity is all about. I believe Microsoft head Bill Gates might fall into this category with the charitable work he does.
 
That's true, but there is also the issue of large corporations giving money for economic as well as charitable purposes. If the motive is wrong then it doesn't really count. I would expect that would seriously alter the final figure of $1000 per person.

I honestly think the most generous people tend to be the lowest earners. These people might not give much financially simply because they cannot, but the proportion of income given is, I bet, higher than average.

Like they say, the best tippers are always the working class.

Up the workers!! (y):lol:

"We'll keep the Red flag flying here." (Joke! :lol:)
I know its on a smaller scale but some of the son in laws mates also comedians do charity gigs but the tax relief makes it worth their while but technically they are not getting paid
 

Warren Buffet is leaving almost his entire fortune (sans a few billion) to Bill Gates' Foundation when he passes.
 
Anita Roddick, she of the Body Shop, or whatever her name was, left pretty much all her fortune to charities. I think her children got pretty much nothing (which seems a bit harsh).
 
I think that you're correct and it does feel good that there is a human face to capitalism. Not all of the business world is particularly altruistic so those corporations and businesses that are, deserve credit and thanks. Like I said, having a good motive is what giving to charity is all about. I believe Microsoft head Bill Gates might fall into this category with the charitable work he does.

That guy donates tons of his money and lots of his time to charity. I am pretty sure it is for the cause and not a tax thing.

The tax incentives are across the board, anything I donate isn't taxable.

$306Bn.. that's what, £4.50?:P

4 pounds 80.

Get it right :P
 

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